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20121201
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Search Results 0 to 12 of about 13 (some duplicates have been removed)
made the trip to new york. we saw small business optimism index from nfib, bill's group has dropped what have you seen? >> we're seeing somewhat different. we did a poll. we did it with christy's organization. we now see unemployment at the lowest level it's been in four years and we're in no means out of the woods but there is glimmers of hope that seven of ten of the small businesses that we polled and this is a scientific across the country, not just our membership. seven out of ten said they're planning to hire and they're expecting businesses to grow in the next couple of years. so they're cautiously optimistic. they're very concerned about fiscal cliff, however, very concerned about money being taken out of, the core of the middle class of our economy. it truly fuels their businesses and they're looking for the congressman and president to step up and make sure, you know, we keep the middle-class programs that support keeping money in the economy. >> you talk about fiscal cliff. through so much of the election season we talk about uncertainty and people do not plan in the face
policies, expert carol roth. i'm glad you're with us. i actually had the pleasure of interviewing the nfib chief economist. he said that you would've thought that confidence was down because of hurricane sandy, but it wasn't. it was because of the election. people fear the future. these are our job creators to absolutely. they are paralyzed. >> they are not sure what to expect. the longerwe go on with fiscal cliff nonsense, and then we have obamacare, which then a lot of them will have to endure in some way shape or form, everybody is very concerned about that. in the face of uncertainty, the choices do notng. it is very difficult to play a game if you don't where thh rules are. the small business community is kind of sitting on the sidelines awaiting, and that's not what we want from the job creators were country. >> it's interesting because we saw cap tech spending for big companies come to a screeching halt. we are starting to see it with sml businesses now as well. everyone is just in this holding pattern, we? >> absolutely. a small business owner, a capital investment and hiring of an
at paychecks? >> well, i certainly think it doesn't help. when you look at the nfib index and consumer confidence, both have fall i don't know after they were starting to look up in the fall. i think it's really the fiscal cliff. all the attention on the fiscal cliff and no action is really producing i think a dampered view from small business and they're kind of waiting on the sidelines right now. >> but on the other side, if you're a company and we go over the fiscal cliff, how the heck do you figure out the paycheck and what has to be taken out unless you call paychecks? >> depending on the number of regulations, there's probably going to be more regulation and that does help us. but we'd like to see new business formation get back to where it was a few years ago and i think you have to get past these things. what you're seeing in our clients, they're not opening up their second location, not hiring more employees. it's kind of quiet. our client base is still positive but it's starting to moderate. 1.8 to 1.2 is a key metric. the journal felt that it wouldn't happen and it didn't bu
from the nfib saying that 700,000 americans can go from paychecks to unemployment checks. so we don't want to do that. but becky, the main problem here is, you can't solve this on the tax side. frankly, it's diversionary. you give the president every single job-harming tax increase that he's requested, you run the government for maybe nine or ten days. you can't get there from here. you know, about two years ago the president said the drivers of our debt are medicare, medicaid, health care. nothing else comes close. i give him an "a" for honest by but an "f" for effort. what we see in many respects, the president doing a bait and switch from what he told the american people. he said he wanted a balanced approach. one dollar of revenue for $2.5 of spending cuts. and now it's kind of like, you know, lucy pulling away the football from charlie brown. he has the right to change his mind but we have the right to call him on it. but america is facing a debt crisis. it is spending driven, and this talk about taxes is, fwrangly, almost -- >> am i right to read between the lines. it sounds l
confidence decline. we've seen small business, the nfib, the small business surveys decline and ceo confidence beginning to turn down. that may not reverse quite quickly. >> can i raise, though, so interested in today's numbers, very strong, surprisingly strong numbers on personal income and spending, consumer spending. and for the second month in a row, surprisingly strong numbers on capital goods investment, surprisingly strong. is something going on there? is the economy better than we think? >> yeah, the funny thing is if you read the headlines, you'd think we were in the middle of a recession. but quite frankly the economy is not going gang busters by any means, but it is growing, and even with the fiscal austerity baked in the cake, you're talking about a 2% growth rate and housing is an important component with that. you're talking about durable goods today, there's a core measure of business spending which has begun to pull out of a tail spin. >> yeah. >> there's a little bit here. and ben bernanke's last speech was interesting. he ended his last speech at the economic club
. especially expectations for next year. the nfib chief's economist says the election just didn't give those surveyed any reason to hope things might get better. >> we woke up after spending billions on the election and everything was the same. and since they were unable to really kind of come up with a scheme for us before, i guess owners are now pretty pessimistic that they will be able to do it now. >> small business which largely drives hiring is pessimistic, that could be a self-fulfilling prophecy. >> with that kind of outlook on the economy. you are not going to hire or make capital spending or do any of these things that would help grow g.d.p. and boost the unemployment rate. >> it's not just firms but their customers as well. index of consumer confidence by the university of michigan shows that consumers are also very pessimistic. back to you, shannon. >> all right, brenda, thank you for keeping us updated as though mourn the school mates they lost they will not have to return when school reopens this week. we will tell you about other plans for them next. [ woman ] ring. ring. prog
, one of our soldiers has just been notified he is been -- posthumously. but nfib was a much large human beings on human beings fighting. and it took 12 hours to do this. five companies in contact at once. very, very difficult. but the in state of that was all the political entities, the provincial towns, the governor, the district governor in the area were ecstatic that finally something had been done to this growing insurgent problem that kept coming in to kunar. it was a festering cancer that had metastasize and was destabilizing everything. so that was the first thing to do in the first three months was pushed that bubble back, and then from then on we did a series of operations like that to expand the security bubbles elsewhere. ending with units three and four in april of 2011 before we left. similar operations to prevent and preempt a spring offensive. you know, people of talked about the fighting seasons, that's true in some sense because there are snow and it passes that prevent fighters from coalescing, moving, supporting inside the area. and we are 1000 to 4000 at the pakistan
&p riding to the upside, just barely. nfib, big collapse in small business optimism in this country. german confidence, positive for the first time since may. and the fed meeting begins, a two-day meeting with that press conference tomorrow. when we come back, goldman making a call on retail today with a number of buys. we'll tell you what's going on next. phil lebeau talks about virgin atlantic. and we'll talk aig. >> absolutely. >> one more look at futures. more "squawk on the street" in a minute. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ]
. the top marginal tax rate goes up, small business tax hike. you saw what happened to the nfib small business survey last month. so there is significant macro economic fallout on this, at a point where the real disposable income growth is at its lowest level, its lowest level during the whole recovery period. the savings rate's gotten drawn down fairly significantly. earnings estimates for retail or media, all of those things, are really elevated. so there's a whole level of vulnerability here, even under a fairly benign outcome to this. now, obviously, if the outcome is worse, then the downside gets even more significant. you don't have a downbeat assessment for all 2013, we think by midyear some of the uncertainty starts to clear up, capital investment will recover and we'll have a better cap. but we think the market's totally not been fixated on the timing of this deal, and not the contours of the deal and the implications of the deal. >> i know we never like to advocate market timing for investors in the world. however there's a lot of people who watch this show and other people
Search Results 0 to 12 of about 13 (some duplicates have been removed)